Ondas (NASDAQ:ONDS) Stock Price Down 4% – What’s Next?

14 May 2026, 22:39 by Renee Jackson · The Cerbat Gem

Ondas Holdings Inc. (NASDAQ:ONDS – Get Free Report)’s share price fell 4% on Tuesday . The company traded as low as $8.80 and last traded at $9.04. 36,632,817 shares changed hands during mid-day trading, a decline of 56% from the average session volume of 82,470,820 shares. The stock had previously closed at $9.42.

Ondas News Summary

Here are the key news stories impacting Ondas this week:

Positive Sentiment: Q1 revenue jumped to about $50.1 million, more than 10x higher than a year ago and well above estimates, signaling much faster growth than expected. Article Title
Positive Sentiment: The company raised its 2026 revenue outlook to $390 million, reinforcing confidence that demand for its autonomous drone, wireless, and defense-related systems is accelerating. Article Title
Positive Sentiment: Management said product companies turned adjusted EBITDA positive ahead of schedule, while backlog surged to $457 million and cash/investments reached $1.48 billion, suggesting stronger execution and financial flexibility. Article Title
Neutral Sentiment: Heavy options activity and rising institutional interest indicate traders expect a large move, adding momentum to the stock but not changing the underlying fundamentals. Article Title
Negative Sentiment: Despite the strong report, Ondas still shows negative margins and profitability remains a longer-term issue, which could temper enthusiasm if growth slows or execution slips. Article Title

Analysts Set New Price Targets

A number of research firms recently weighed in on ONDS. Oppenheimer lifted their price objective on shares of Ondas from $12.00 to $16.00 and gave the company an “outperform” rating in a research note on Tuesday, January 20th. LADENBURG THALM/SH SH raised shares of Ondas to a “strong-buy” rating in a report on Wednesday, May 6th. Lake Street Capital raised their price target on shares of Ondas from $10.00 to $19.00 and gave the company a “buy” rating in a report on Tuesday, January 20th. Stifel Nicolaus raised their price target on shares of Ondas from $17.00 to $18.00 and gave the company a “buy” rating in a report on Wednesday, January 21st. Finally, Northland Securities raised their price target on shares of Ondas from $16.00 to $18.00 and gave the company an “outperform” rating in a report on Thursday, March 26th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and two have issued a Sell rating to the company. Based on data from MarketBeat, Ondas has an average rating of “Moderate Buy” and an average price target of $17.25.

Read Our Latest Stock Analysis on ONDS

Ondas Price Performance

The company has a current ratio of 4.84, a quick ratio of 4.68 and a debt-to-equity ratio of 0.01. The company has a market capitalization of $5.49 billion, a P/E ratio of -16.73 and a beta of 2.56. The business’s fifty day moving average price is $9.91 and its 200-day moving average price is $9.56.

Ondas (NASDAQ:ONDS – Get Free Report) last posted its quarterly earnings data on Thursday, May 14th. The company reported $0.85 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.03) by $0.88. Ondas had a negative net margin of 270.37% and a negative return on equity of 53.14%. The company had revenue of $50.12 million during the quarter, compared to the consensus estimate of $39.36 million. As a group, sell-side analysts predict that Ondas Holdings Inc. will post -0.28 earnings per share for the current fiscal year.

Institutional Trading of Ondas

Hedge funds have recently made changes to their positions in the stock. JPMorgan Chase & Co. lifted its holdings in shares of Ondas by 3,558,617.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,064,056 shares of the company’s stock worth $15,935,000 after acquiring an additional 2,063,998 shares during the last quarter. DNB Asset Management AS lifted its holdings in shares of Ondas by 88.4% during the 3rd quarter. DNB Asset Management AS now owns 329,954 shares of the company’s stock worth $2,547,000 after acquiring an additional 154,792 shares during the last quarter. Ghisallo Capital Management LLC bought a new stake in shares of Ondas during the 3rd quarter worth $7,720,000. Sequoia Financial Advisors LLC bought a new stake in shares of Ondas during the 3rd quarter worth $772,000. Finally, Vanguard Group Inc. lifted its holdings in shares of Ondas by 109.9% during the 3rd quarter. Vanguard Group Inc. now owns 13,415,432 shares of the company’s stock worth $103,567,000 after acquiring an additional 7,024,549 shares during the last quarter. 37.73% of the stock is owned by institutional investors.

About Ondas

(Get Free Report)

Ondas Holdings, Inc (NASDAQ: ONDS) develops secure private wireless networking solutions and unmanned aircraft systems tailored to mission-critical industrial applications. Its Ondas Networks division offers the proprietary FullMAX platform, a long-range, high-bandwidth broadband network designed to support real-time data transmission, remote monitoring and IoT deployments across rail, maritime and infrastructure environments. The broadband platform integrates edge-to-cloud architecture to ensure operational resilience and regulatory compliance for transportation and utility operators.